secwatch.observer — SEC 8-K summary
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Issuer:     MGM Resorts International (MGM)
CIK:        0000789570
Form:       8-K
Filed at:   2026-05-14T20:19:51+00:00
Accession:  0001193125-26-224106
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGM China issues $750M 6.25% senior notes due 2033 to repay revolver
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- Issuer MGM China Holdings, a subsidiary of MGM Resorts, sold $750M of 6.25% senior notes due 2033.
- Net proceeds of approximately $739.9M to repay revolving credit facility and for general corporate purposes.
- Interest payable semi-annually on May 15 and Nov 15, starting Nov 15, 2026.
- Notes redeemable at make-whole premium prior to May 15, 2029; thereafter at declining premium to par.
- Change of control triggers repurchase at 101%; Special Put Option (Macau gaming status) at 100%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789570/000119312526224106/0001193125-26-224106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789570/000119312526224106/d134850d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-224106

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